New Morgan Stanley Investment Management chief, Gregory Fleming, is putting his stamp on the unit by appointing former Merrill Lynch colleague Edmond Moriarty to his leadership team. He has also hired Jeffrey Shames, the former CEO and chairman of MFS Investment Management.
Moriarty will be responsible for all operations across the investment business, including finance and risk management, according to a press release from the firm. He previously spent over 20 years at Merrill Lynch and in 2007 was named Merrill’s co-chief risk officer. When Bank of America [BAC] acquired Merrill last year he was named as a senior risk executive at the new firm.
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